期刊論文
| 學年 | 101 |
|---|---|
| 學期 | 2 |
| 出版（發表）日期 | 2013-07-08 |
| 作品名稱 | A note on bank default risk under government capital injection coinciding with high future loss expectation |
| 作品名稱（其他語言） | |
| 著者 | Lin, Jyh-horng; Chang, Chuen-Ping; Lin, Hsiao-Ning |
| 單位 | 淡江大學國際企業學系 |
| 出版者 | Abingdon: Routledge |
| 著錄名稱、卷期、頁數 | Applied Economics Letters 20(15), pp.1368-1373 |
| 摘要 | This article proposes a framework for bank default risk measure under government capital injection explicitly coinciding with an adverse signal that a rescued bank is expected to have significant future losses. A bank facing a serious problem of early closure may have a strong incentive to participate in a government assistance programme. Recipients of government capital injections are encouraged to make additional loans at a reduced margin, and then increase the default risk in the bank's equity returns. These results may be due to the conflicting goals of the government's capital injection programme for bank recapitalization and bank lending. |
| 關鍵字 | government capital injection; adverse signal; interest margin; bank failure; barrier |
| 語言 | en |
| ISSN | 1350-4851 1466-4291 |
| 期刊性質 | 國外 |
| 收錄於 | SSCI |
| 產學合作 | |
| 通訊作者 | |
| 審稿制度 | 是 |
| 國別 | GBR |
| 公開徵稿 | |
| 出版型式 | 紙本 電子版 |
| 相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/91626 ) |